CapitaLand India Trust (CY6U)

Overview

CapitaLand India Trust (CLINT), established as the first Indian property trust in Asia, was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in August 2007. With a primary focus on owning income-producing real estate used mainly as business space in India, CLINT has grown to manage assets worth S$3.0 billion as of 31 December 2023. The trust aims to develop and acquire land or uncompleted developments with the intention to hold the properties upon completion, specifically for business space usage. Operated by CapitaLand India Trust Management Pte. Ltd., a wholly-owned subsidiary of the Singapore-listed CapitaLand Investment Limited, CLINT emphasizes creating stable income distributions similar to those provided by a real estate investment trust (REIT). It seeks to enhance shareholder value through the active management of its properties, development of vacant land, and acquisition of new properties. CapitaLand Investment Limited is a leading global real estate investment manager with a significant presence in Asia, positioning CLINT to capitalize on the fast-growing sectors within the Indian economy.

Products and Services

• IT Business Parks: CLINT’s portfolio boasts nine world-class IT business parks located in major Indian cities such as Bangalore, Chennai, Hyderabad, Pune, and Mumbai. These parks serve as a cornerstone for the trust, capitalizing on India’s rapidly expanding IT industry by providing high-quality business spaces that cater to the needs of leading IT companies and startups alike.
• Logistics Park: The trust owns one logistics park, marking its foray into the fast-growing logistics and warehousing sector. This strategic move is in response to the increasing demand for sophisticated logistics solutions in India, driven by the surge in e-commerce and the need for efficient supply chain management.
• Industrial Facilities: With three industrial facilities under its belt, CLINT extends its reach into the industrial real estate sector, catering to the diverse needs of manufacturing and industrial services firms. These facilities are designed to support the operations of businesses looking for high-quality industrial spaces in strategic locations.
• Data Centre Developments: Recognizing the critical importance of data storage and management in the digital age, CLINT has ventured into the development of four data centre projects. These centres are poised to meet the soaring demand for data services in India, providing secure and scalable solutions for data management to tech companies and enterprises.